Japan

Market Infrastructure

Japan Amends Rules to Lure Hong Kong Fund Managers

By Sanday Chongo Kabange | 05/08/2020

A Cabinet level amendment will allow overseas investment funds and securities operators to temporarily operate from Japan.

Securities / Derivatives

Tokyo Commodity Exchange Proposes Trading Rule Revisions

By Editors | 29/07/2020

TOCOM plans to revise its trading rules to coincide with the launch of a next-gen derivatives trading system known at J-GATE 3.0 in Q3 2021.

Securities / Derivatives

JPX Completes Transfer of TOCOM Products to Osaka Exchange

By Editors | 28/07/2020

Under the new integrated exchange, brokers need a single licence to trade both securities and commodities. Clearing houses JSCC and JCCH have also been integrated.

Securities / Derivatives

Why Do Electronic Traders Cancel Orders?

By Jamil Nazarali | 28/07/2020

Jamil Nazarali at Citadel Securities explains what ever-increasing speeds for issuing and canceling orders tell us about today’s market structure.

Market Infrastructure

Japanese Trust Funds Align with Global Trends on FX Settlement Risk

By Makoto Miyazaki | 26/07/2020

Trust funds in Japan have started focusing on mitigating FX settlement risk, to which they have long been exposed. This article explains the change in focus and the factors behind this.

Market Infrastructure

BOJ, FSA Again Urge FIs to Step Up Preparation for LIBOR Transition

By Editors | 23/07/2020

Financial institutions are urged to continue to take the necessary steps to ensure a smooth transition from LIBOR, even as they allocate resources to support Japanese businesses and households.

Japan FSA Pushes for Sustainability in Bank Business Models

By Editors | 10/07/2020

Management changes may be needed at regional banks that lack sustainability in their business models, says the FSA’s Toshihide Endo.

Securities / Derivatives

JSDA Takes Steps to Increase Bond Market Transparency – Report

By Editors | 27/06/2020

New corporate bond offerings often go partially unsold without the knowledge of issuers. JSDA is reportedly considering requiring underwriters to disclose investor information to issuers.

Market Infrastructure

Eurex Clears its First Interest Rate Swaps from Japan

By Editors | 17/06/2020

The FSA granted Eurex Clearing a licence as a foreign financial instruments clearing organisation in March, allowing it to offer clearing services in Japan.